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At the beginning of the month, the balance of the Cash account was $5,000. During the month, the company purchased three units of inventory at a cost of $1,000 each and paid in cash. It subsequently sold one unit for $1,400 and received cash from the customer. Assuming no other transactions, what is the balance of the Cash account at the end of the month?
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Assume you are using Dirichlet Prior smoothing to estimate the probabilities of words in a certain document. What happens to the smoothed probability of the word when the parameter \muμ is increased?
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